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Examine their performance over 40 years. Find the 11 companies that became great.
Now here's how you can do it too. Lessons on eggs, flywheels, hedgehogs, buses, and other essentials of business that can help you transform your company.
I want to give you a lobotomy about change. I want you to realize that nearly all operating prescriptions for creating large-scale corporate change are nothing but myths. The Myth of the Change Program: This approach comes with the launch event, the tag line, and the cascading activities.
The Myth of the Burning Platform: The Myth of Stock Options: Stock options, high salaries, and bonuses are incentives that grease the wheels of change. The Myth of Fear-Driven Change: The Myth of Acquisitions: You can buy your way to growth, so it figures that you can buy your way to greatness.
The Myth of Technology-Driven Change: The Myth of Revolution: Here are the facts of life about these and other change myths. Nor can acquisitions provide a stimulus for greatness: Two mediocrities never make one great company.
A serious revolution, one that feels like a revolution to those going through it, is highly unlikely to bring about a sustainable leap from being good to being great.
These myths became clear as my research team and I completed a five-year project to determine what it takes to change a good company into a great one. We systematically scoured a list of 1, established companies to find every extraordinary case that made a leap from no-better-than-average results to great results.
In fact, the 11 good-to-great companies that we found averaged returns 6. The surprising good-to-great list included such unheralded companies as Abbott Laboratories 3. One such surprise, the Kroger Co. And it didn't stop there. From toKroger outperformed the market by 10 times. In each of these dramatic, remarkable, good-to-great corporate transformations, we found the same thing:Six steps to writing a good TOK essay: A student guide.
1. SELECT A TITLE FROM THE LIST PROVIDED BY THE IB. Do not instantly seize upon a title that . Jan 01, · The surprising good-to-great list included such unheralded companies as Abbott Laboratories ( times the market), Fannie Mae ( times the market), Kimberly-Clark Corp.( times the market), Nucor Corp.
( times the market), and Wells Fargo ( times the market). I was going to do one of those year in review things where I wrote about all the good things of And then I remembered: I already wrote that * * * ”How does a bastard, orphan, son of a whore And a Scotsman, dropped in the middle of a Forgotten spot in.
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